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Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?

To: mike machi who wrote (8395)	5/18/1999 10:38:00 PM
From: Jenne	Respond to of 19700

Stockwinners: The Internet Sector Index also found its 50-day Moving Average as a support. Please see Figure 3 below. We know that many of our members are playing Internet stocks. Many of us are in America Online (AOL) and CMGI, Inc. (CMGI). Shares of the latter also tested their 50-day MA ($222.86) on Monday. Shares are now trading above their 50-day MA. The company now has enough shares to proceed with its previously announced 2 for 1 stock split. The split will be effective on May 27. We believe the split will push CMGI share prices much higher. The expected good earnings and a possible stock split announcement from Lycos, Corp should also help CMGI shares today. AOL dropped below its 50-day MA ($131.64) on Friday and bounced off that average on Monday. We now expect the strength in shares of AOL to continue.